AccelerateBS IPO vs Alphalogic Industries IPO

Comparison between AccelerateBS IPO and Alphalogic Industries IPO.

IPO Details

AccelerateBS IPO is a SME Fixed Price IPO proposed to list at BSE SME while Alphalogic Industries IPO is a SME Fixed Price proposed to list at BSE SME.

	AccelerateBS IPO	Alphalogic Industries IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price	Fixed Price
Listing At	BSE SME	BSE SME
Lead Managers	Shreni Shares Ltd.	Finshore Management Services Ltd.
Registrar	Bigshare Services Pvt.Ltd.	Cameo Corporate Services Ltd.
Market Maker	Shreni Shares Ltd.	Nikunj Stock Brokers Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of AccelerateBS IPO is up to ₹5.39 Cr whereas the issue size of the Alphalogic Industries IPO is up to ₹12.23 Cr. The final issue price of AccelerateBS IPO is ₹90.00 per share and of Alphalogic Industries IPO is ₹96.00 per share.

	AccelerateBS IPO	Alphalogic Industries IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹90.00 per share	₹96.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1600 shares	1200 shares
Fresh Issue Size	1,55,200 shares	12,74,400 shares
Fresh Issue Size (Amount)	up to ₹1.40 Cr	up to ₹12.23 Cr
OFS Issue Size	4,43,200 shares	0 shares
OFS Issue Size (Amount)	up to ₹3.99 Cr	up to ₹0.00 Cr
Issue Size Total	5,98,400 shares	12,74,400 shares
Issue Size Total (Amount)	up to ₹5.39 Cr	up to ₹12.23 Cr

IPO Timetable

AccelerateBS IPO opens on Jul 06, 2023, while Alphalogic Industries IPO opens on Jul 03, 2023. The closing date of AccelerateBS IPO and Alphalogic Industries IPO is Jul 11, 2023, and Jul 06, 2023, respectively.

	AccelerateBS IPO	Alphalogic Industries IPO
Anchor Bid Date
Issue Open	Jul 06, 2023	Jul 03, 2023
Issue Close	Jul 11, 2023	Jul 06, 2023
Basis Of Allotment (Tentative)	Jul 14, 2023	Jul 11, 2023
Initiation of Refunds (Tentative)	Jul 17, 2023	Jul 12, 2023
Credit of Share (Tentative)	Jul 18, 2023	Jul 13, 2023
Listing date (Tentative)	Jul 19, 2023	Jul 14, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

AccelerateBS IPO P/E ratio is 27.27, as compared to Alphalogic Industries IPO P/E ratio of 22.3.

AccelerateBS IPO

Alphalogic Industries IPO

Financials

AccelerateBS India Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-20	125.10	493.35	68.35	53.05
31-Mar-21	180.95	451.92	42.53	102.46	24.00
31-Mar-22	200.65	355.69	25.91	111.03	45.34
31-Jan-23	283.25	164.92	26.22	205.42	33.82
Amount in ₹ Lakhs

Alphalogic Industries Limited Financial Information (Restated Standalone)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-21	76.90	322.33	8.29	18.29	8.29	55.75
31-Mar-22	373.94	784.33	30.51	85.46	65.85	168.24
31-Mar-23	917.73	1,823.14	219.41	433.58	402.30	370.83
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00

Promoter Shareholding (Post-Issue)

70.59

73.67

P/E Ratio

27.27

22.3

Market Cap

₹19.34 Cr.

₹48.91 Cr.

ROE

15.80%

0.85

ROCE

19.44%

0.75

Debt/Equity

0.16

0.86

EPS

₹1.38

₹111.53

RoNW

12.77%

50.60%

Shares Offered

In the AccelerateBS IPO Retail Individual Investors (RII) are offered 2,99,200 shares while in Alphalogic Industries IPO retail investors are offered 2,99,200 shares. Qualified Institutional Buyers (QIB) are offered in AccelerateBS IPO and 0 shares in Alphalogic Industries IPO.

	AccelerateBS IPO	Alphalogic Industries IPO
Anchor Investor Reserveration
Market Maker Reserveration	33,600 shares	67,200 shares
QIB		0 shares
NII	2,99,200 shares	5,70,000 shares
RII	2,99,200 shares	5,71,200 shares
Employee		0 shares
Others
Total	5,98,400 shares	12,74,400 shares

Bids Received (Subscription)

AccelerateBS IPO subscribed 49.19x in total, whereas Alphalogic Industries IPO subscribed 5.34x.

	AccelerateBS IPO	Alphalogic Industries IPO
QIB (times)
NII (times)	39.25x	4.24x
Big NII (times)
Small NII (times)
RII (times)	59.11x	5.19x
Employee (times)
Other (times)
Total (times)	49.19x	5.34x

Compare with others

AccelerateBS IPO	Alphalogic Industries IPO
Srivari Spices IPO	Service Care IPO
Asarfi Hospital IPO	Ahasolar Technologies IPO
Service Care IPO	Drone Destination IPO
Ahasolar Technologies IPO	AccelerateBS IPO
Drone Destination IPO	Synoptics Technologies IPO
Synoptics Technologies IPO	Global Pet Industries IPO
Alphalogic Industries IPO	Tridhya Tech IPO
Global Pet Industries IPO	Magson Retail IPO
Tridhya Tech IPO	Greenchef Appliances IPO
Magson Retail IPO	Veefin Solutions IPO